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Home / Metal News / SMM Brief on SHFE Lead Futures (2013-4-11)

SMM Brief on SHFE Lead Futures (2013-4-11)

Apr 11, 2013 18:53

The most active SHFE lead contract price started at RMB 14,400/mt on Thursday and rallied to RMB 14,480/mt.

SHANGHAI, Apr. 11 (SMM) – The most active SHFE lead contract price started at RMB 14,400/mt on Thursday and rallied to RMB 14,480/mt, but failed to broke through the resistance at RMB 14,500/mt due to weak demand and falling domestic stocks. Prices thus closed at RMB 14,440/mt, down RMB 40/mt from a day earlier. Trading volumes increased 32 lots to 94 lots, while positions increased 12 lots to 2,142 lots.

SHFE lead price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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